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Cryptocurrency and Equity Sectors are Correlating Tightly Once Again

@brianq
1 min read
28.11.2023
SPX
gold
ETH


📊 #Bitcoin (+6.9%), #Ethereum (+12.2%) #SP500 (+8.5%), and #gold (+1.5%) have had encouraging November performances. Particularly with the stock market, it has rapidly caught up to #crypto over these past couple weeks. If $BTC makes a run from here without stocks following suit, this would be a strong sign that the correlation between sectors is breaking once again, which is typically a recipe for a #cryptocurrency #bullmarket.


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